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Topic: Your opinion on Crypto this days - page 2. (Read 154 times)

newbie
Activity: 168
Merit: 0
April 10, 2018, 02:42:22 AM
#5

a lot of people panic sell but hodling is definitely the way to go no matter the market prices and the corrections.
member
Activity: 154
Merit: 14
April 10, 2018, 02:35:58 AM
#4
When the automobile came along in the early 1900’s it took off in popularity because it simply did things faster and more efficiently than the horse and buggy. Likewise, these new currencies have innate characteristics that do not exist in centrally issued fiat money.
 Cryptocurrencies allow person-to-person, person-to-merchant, and merchant-to-merchant transactions without the need of a financial intermediary. Essentially cryptocurrency transactions are “digital cash transactions.”

Secondly, cryptocurrencies are not subject to the inflationary whims of a central issuing authority. Recently, Indian government has stopped buy/sell of crytocurrencies using fiat money. Well do you think Indians will stop investing and trading!! They operate more like precious metals in that their supplies and inflation rates are fixed and mathematically enforced by the participants in the network. We are all about to witness the greatest transfer of wealth in human history. And you can count yourself as one of the lucky, that just happen to be in the right place, at the right time.

newbie
Activity: 168
Merit: 0
full member
Activity: 680
Merit: 100
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